Asset Moves Are Getting Too Close for Comfort – WSJ.com. Points to the value of a liberal arts degree! According to data from RBC Capital Markets, the correlation of the Standard & Poor’s 500-stock index to the euro-dollar exchange rate … Continue reading →

The stock exchange tapped a duo that includes Robert Whaley, who developed the CBOE Market Volatility Index, to design the new "Alpha Indexes." With regulators' approval, Nasdaq will offer derivatives to bet on or guard against moves in the new … Continue reading →

Macro Forces in Market Confound Stock Pickers More and more investors aren't bothering to pore through corporate reports searching for gems and duds, but are trading big buckets of stocks, bonds and commodities based mainly on macro concerns. As a … Continue reading →

FT: 7/23: Investors Face a World of Correlation Perhaps more startlingly, correlations are even increasing at the level of individual stocks. This week, the Financial Times reported that the correlation between individual US stocks is now higher than it was … Continue reading →

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And you know what that means. WSJ: The Herd Instinct Takes Over The market's flock-like behavior is one more reflection of the growing influence of investors using broad-based strategies to buy and sell large blocks of stocks. Instead of … Continue reading →